28 May 2015
sir..
i want to ask ......that an assessee has not deducted tds on payment of intt...on which it is required.....intt accrued in march 2015 and is still accrued...assessee has also filed his tds return (15-05-2015)...whether such intt.. expense can be claimed as expense for f/y 2014-15...if now as per section 201(1a) intt.....@1.5% p.m.(i.e. on late deposit of tds) will deposit alongwith tds amt.....and thereby revising tds return....for 4th quarter......
CAclubindia
